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20121202
20121210
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
she'll dance around the subject. another says i think mrs. clinton looks worn down. that's it for america's new headquarters in washington. good-bye to our intern cally stewart, it's her last day. congrats and good luck. we'll miss you, happy hanukkah to those who have begun celebrating the festival of lights. >> chris: i'm chris wallace, two big issues today. the fiscal cliff talk stuck in neutral and concerns syria will use chemical weapons against it's own people. with 23 days and more posturing, will the white house cut a deal. we'll talk two senators on the front lines of the debate. democrat charles schumer and republican bob corker. then the u.s. draws a red line telling syrian president assad not to use chemical weapons in that country's civil war. we'll discuss the latest intelligence and fallout with michael oren. a fox news sunday exclusive. plus the supreme court agrees to take up same-sex marriage. we'll ask our sunday panel if the court is likely do decide whether gays have a constitutional right to marry and a final farewell to my best friend winston, all r
accept returning to the clinton rate of 39.6% or would you accept something perhaps a midpoint, 37% or starting with people who made $500,000 rather than 250? >> chris, there's a growing group of folks that are looking at this and realizing we don't have a lot of cards as a relates to the tax issue before year end. we have one house, that's it. the presidency and the senate's in the democrats' hands. i think it has merit, you give the president the 2% increase that he's talking about, the rate increase on the top 2%. and all of a sudden the shift goes back to entitlements. all of a sudden once you give him the rate on the top 2% it's actually lesser tax increases than what he's been talking about. the focus then shifts to entitlements and puts us in a place where we can do something that really saves this nation. so there's a growing body. i'm beginning to believe that's the best route to take to shift the focus where it needs to be, which is on entitlements. still, chris, the top 1% in our country taking 17% of the income and paying 37% of the taxes that are paid i hope will take
.s. troops, shep. >> shepard: sheriffs clinton was at that meeting in brussels. she aimed her words about the syria crisis at another country. >> yes. the secretary directed her comments to russia. she emphasized that the stain legs of these patriot systems in turkey is not meant to destabilize nato's already uneasy relationship with moscow. back here at state chided the russians for skipping upcoming crisis meeting on the syrian conflict. >> we want to see obviously, you know, russia come around to the point of view of the international community with regard to what's happening in syria. you know, we want to work with russia as we have said many times from this podium on the basis of the geneva action group's communication. >> clinton is expected to meet with her russian counterpart sometime in the next 48 hours, shep. >> shepard: meantime syrian rebels are taking their fight to the capital of damascus. move aimed at putting additional pressure of regime and hitting the heart of president assad's power. that strategy is coming at a bloody cost. witnesses say a mortar slammed into a ninth
the federal budget deficit. he knows something about something. he was around when clinton -- remember that economy? okay. he said i wish president obama and the democrats would explain to the nation the federal budget deficit isn't the major problem and deficit reduction shouldn't be the major goal. problem is lack of good jobs and the goal must to be revive both. deficit reduction leads us away from jobs and growth. the reason the fiscal cliff is dangerous is because it's too much deficit reduction too quickly that would suck demand out of the economy. more jobs and growth will help the deficit. recall the '90s when the clinton administration balanced the budget because of faster job growth than anybody expected bringing in more tax revenues than anyone had forecast. europe offers the same lesson in reverse. thank you. as jim says, every time we talk about this, they keep taking the wrong -- lindsey graham said we're going to be greece. yeah, if we do what you want! the best way to generate jobs and growth is
-- raising tax rates, not just the idea of closing loopholes. would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase, that he is talking about, rate increase on the top 2% and all of a sudden the shift goes back to entitlements, and all of a sudden once you give him the right on the top 2%, it is actually much lesser tax increase than what he has been talking about, the focus then shifts to entitlements and maybe it puts us in a place where we actually can do something that really saves the nation, so, there is a growing body, i actually am beginning to believe that is the
call the launch successful whatever happens. secretary of state hillary clinton is in europe this week at a meeting in nato in brussels. her message is pretty clear. it wants north korea to stop this. if this missile works, bill, the range could be over 6,000 miles. that would put whatever it is launching in the payload in the range of los angeles. bill: greg palkot, watching that out of london. six minutes past. >> this is not north korea's first attempt at this. since 1998 the country has conducted four long-range missile tests. all of them failed out over the ocean. in that time u.s. sources estimate that north korea has developed over 800 medium-range missiles. a number of short-range missiles as well including antiship cruise missiles. bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that
was lowering taxes at the high end. we had higher tax rates under clinton, and we created 40 million jobs and had a surplus. then the bush folks came in put the war on the credit card prescription drugs on the credit card, and lowered taxes at the high end, and we had only 700,000 jobs, and had astonishing deficits since then. >> stephanie: the same l.a. times piece even makes that case with the war in afghanistan winding down, the military is asking for less than congress wants to give. so i think there has been so much hysteria over this fiscal cliff that i'm not sure it's warranted. >> that's exactly right. and also the ryan budget you know, their doctrine -- and it really is doctrining. lower taxes for the wealthy, and that will trickle down. untrue. number 2 increase spending in the pentagon way beyond what the pentagon wants and that will make us three. and that cut back on things like education and scientific research and somehow we'll have a stronger future. none of those things make any sense. at the core of the ryan approach, and he is representative of the
. they also want us to begin to balance the books just like we did under president clinton with a sensible, balanced approach, one that led to increasing wages across the board, increasing productivity, increasing employment, and a budget surplus in 2000 before president george w. bush took over. last year we cook a step in that direction. we cut $1 trillion in federal spending, we don't hear much about it particularly from the other side of the aisle. but what it means is that every discretionary program will see less funding for the next decade, which will have a huge impact on my state and every state in this country. now, if we're going to cut spending on education, research, and transportation to the tune of approximately $1 trillion, i think most americans recognize that the other side of the equation has to be considered. revenue needs to be part of the balance plan to reduce the debt. and the simple fact of the matter is that virtually every expert panel and commentator has said clearly in order to reduce the deficit to a sustainable level, revenues have to go up. it's a matter of
and clinton and everyone else thereafter, when they did that, now i understand they are just not the party that any of us would want to be involved with. that's all i have to say. host: the video we just showed was shot by a c-span producer with his iphone. it was the former senator in a wheelchair making his way into the chamber yesterday for that vote. here's the new york times with that story. and a screen grab. seven he sat in support of the tree. -- he sat in support of the treaty. he's 89 and is a republican at who was the majority leader. his wife elizabeth dole and he left the port and republicans voted down the street. he was recently released from walter reed military center. now an independent caller from ohio, lee. caller: good morning. i am calling about something i have not heard about. people willing to take the $15 or $20 extra they're getting from the to% tax break, it is coming off their pension when they retire. social security is based on what you contribute. host: you are talking about the payroll tax cut, extending that possibly as part of the fiscal cliff negotiation
president clinton was in office, he left this country in the black. the people have weighed in. they've indicated that we want to move forward, we want to put people to work but we want to do it in a fair method of doing it. and that is not cutting programs that impacts the working poor in this country. mr. garamendi: well, you're absolutely correct about that. the proposal to cut medicare benefits is a nonstarter. there are things that can be done in medicare to reduce the costs and much has already been done. i'd like to ask my colleague from the great state of michigan to join us, mr. curson is a new member, came in during a special election. welcome. delighted to have you join us. mr. curson: thank you. i agree wholeheartedly with what's been said so far and the testimony, what i really want to say -- into the mic. what i really want to say is medicare is run more efficiently than nearly any insurance company in the world. they devote less than 2% of its funding to administrative expenses, and you compare that to a private insurance company that costs up to 40% of premiums for in
and look at bill clinton after the attacks on the u.s. embassies in africa on august 7th of 1998, it took a little more than two weeks for bill clinton to respond force knee by dropping bombs on the farm suit alplant in khartoum. i had other examples of rather quick, which isn't to say precipitous, rather quick responses in part to send aess message. it's very important for the families and everybody here in the united states to understand that justice has in fact been pursued and had and to send a message to the world, just as the president said, if you mess with the united states there are serious and potentially deadly consequences for doing so. bill: i just want to add this. about a month ago the deputy interior minister said the investigation was going well. about three weeks ago the ministry spokesman said the results would come soon. i put those in quotes because we are still waiting on that. steven hayes, thank you out of washington. martha: remember the homeless man whose picture went viral on the internet when a new york city policeman gave him a pair of socks and a pair of boot
? >> actually, california voted for clinton before pete wilson got involved in the debate over whether illegal immigrants ought to have welfare benefits. democrat is a democratic state because it's state of immigrants for the reasons that charles mentioned. what is missing is not all immigrants are the same. many latin american countries send us immigrants that go on welfare. but does the united states need new numbers of the low skilled immigrants in a post industrial economy? is that good for the united states? it's mindless to say all immigrants are good. they are not. some are, some aren't. like all days are good. some days are good, some days aren't. we need and the republican party ought to be courageous enough to draw a distinction between people who add to the sum total of the american economy, buy in the culture, who improve the country and those who don't. there is a difference. >> bret: where is the screen? >> well, the screen begins with a conversation about outcomes. why is it that immigrants with certain countries have not thrived and immigrants from other countries have thrived?
in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians are supposed to play politics, that is not a dirty word. >> the legendary "bloomberg view" columnist -- margaret carlson. >> i had this plan for a couple weeks -- i thought, this could happen. when you said you cannot get people in the corner as the president has with the tax increase on the wealthy -- here is the plan. on december 31, the bush tax cuts expire. after you have your champagne and you are funny hats on, on january 1 at 12:01 a.m., there is a middle-class tax cut and the top rate is 39.6%, then they are cut to 37%, so republicans get their tax cut. isn't
the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high- income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out there. it's always a li
Search Results 0 to 18 of about 19 (some duplicates have been removed)